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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP) -- Ignore unavailable to you. Want to Upgrade?


To: Robert A. Gleason who wrote (2015)4/23/1999 9:35:00 PM
From: Mongo2116  Read Replies (2) | Respond to of 2365
 
<<<Today I was able to sell at 8 3/4!>>> I know you could buy it at that price today, didn't know you could sell it at 8 3/4. Why the large spread at the close 8 bid 8 3/4 ask?



To: Robert A. Gleason who wrote (2015)4/25/1999 1:08:00 PM
From: rod runyan  Respond to of 2365
 
Nice trade. Actually, i like NEWZ long term also which is why i stay here. It is a little counterintuitive but i have long believed that management is their biggest weakness. They have been unable to keep their promises. That being said, i think they are in a good niche and with changes in management being announced this week and the influence of Basil Regan on both they stock and the company itself they are well positioned for future growth and/or a takeover (imho).

They also have good cash reserves and little long term debt.

If Regan were to begin selling i would be much more pessimistic.

Other stocks like NEWZ. I have a friend who is trading DEMP & HCOM which are priced in the same range or a little cheaper. Do your own dd of course, but he seems to be doing well with them.

good luck. rod